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MoonPay has acquired Entendre, adding finance operations software for businesses that use digital assets.
Entendre builds tools for reconciliation, bookkeeping, treasury, reporting and close automation for companies that move, settle or hold value on blockchain networks. MoonPay said the acquisition extends its infrastructure into the finance operations layer behind digital asset transactions.
The deal adds a platform used by customers such as Polygon Labs, Thirdweb, Brale, Babylon Labs, Ostium, Courtyard and DoubleZero. According to MoonPay, companies using Entendre manage more than 30 financial accounts on average, process about 25,000 transactions a month and operate across three or more legal entities.
MoonPay said finance teams on the platform automate 93% of journal entries, cut manual work by more than half and close their books three times faster. It also said Entendre's customers have passed audits with Mastercard and Visa and have collectively raised more than USD $1 billion in venture capital over the past year.
Back-office gap
The acquisition targets a part of the digital asset sector that remains heavily manual, even as trading, payments and settlement have become more automated. Businesses handling stablecoin payments, wallet transfers, exchange trades, gas fees, bridge transactions, vendor invoices and card charges often need to reconcile information across blockchain records, accounting systems and internal approval processes.
In practice, blockchain records can show that value moved without identifying the customer, the business purpose, the legal entity, the accounting treatment, or the reporting effect. As a result, finance teams often rely on block explorers, spreadsheets, CSV exports and accounting platforms to piece together a full audit trail.
MoonPay said Entendre's software automates the process from transaction classification and reconciliation to journal entry creation, exception handling and audit-ready records. It is positioning that works as part of a broader effort to make digital asset businesses easier to operate at scale.
Ivan Soto-Wright, Chief Executive Officer and Co-Founder of MoonPay, outlined the rationale for the acquisition.
"Legacy software was built for manual workflows. The next financial system will be coordinated by humans and agents," said Ivan Soto-Wright, Chief Executive Officer and Co-Founder of MoonPay. "If businesses are going to adopt stablecoins at scale, their finance operations need the same speed, context, and automation as the payments themselves. Entendre takes us deeper into the agentic finance layer so businesses can operate in this new paradigm."
Kareem Khattab, Founder of Entendre, also commented on the combination.
"Entendre's goal has always been to give finance teams exceptional tools to track digital money and let AI agents work on their behalf," said Kareem Khattab, Founder of Entendre. "MoonPay is making commerce, treasury, trading, and payments simpler for businesses around the world. We share that vision in the back office, helping companies manage their business with the same speed, clarity, and scale."
Expansion drive
The acquisition is the latest in a series of deals by MoonPay as it broadens its offering for companies active in digital assets. Earlier this year, it bought Sodot, a key management company whose technology has secured more than USD $50 billion in transactions and protected more than 10 million wallets for clients, including eToro, BitGo and Flow Traders.
That transaction formed the basis of MoonPay Institutional. More recently, MoonPay acquired Decent and DFlow to expand infrastructure for trade execution and tokenisation. With Entendre, it is adding software that addresses a different part of the workflow: the finance and accounting processes that follow executed transactions.
MoonPay was founded in 2019 and says it serves more than 30 million customers in 180 countries. It also says it supports more than 500 business customers across the crypto and fintech sectors, with products spanning payment ramps, trading, commerce and stablecoin infrastructure.
The addition of Entendre suggests MoonPay sees back-office automation as a necessary part of broader digital asset adoption among corporate users. As more businesses experiment with stablecoins and other blockchain-based financial tools, the challenge has shifted beyond moving money on-chain to proving, categorising and reporting those movements within conventional finance teams.
Entendre's customer base reflects that demand among companies operating across multiple entities and currencies, where transaction volumes can quickly outstrip manual accounting processes. For MoonPay, the acquisition adds software aimed at one of the less visible but more operationally difficult parts of the market: turning on-chain activity into records that finance departments, auditors and card networks can use.